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Bank withdraws New Look supplier credit protection

2018-04-18 15:50:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer New Look insists it has adequate financial liquidity to operate effectively, despite reports credit protection has been withdrawn from a handful of its suppliers.

Tags: credit protection bank supplier

Veon withdraws offer for Global Telecom

2018-04-03 13:58:00| Telecompaper Headlines

(Telecompaper) Veon announced that it has withdrawn its offer to buy out its Egypt-based subsidiary Global Telecom. The company said it notified the Egyptian Financial Regulatory Authority that, given the lapse of time and absence of approval, Veon is withdrawing the mandatory tender offer filed in November 2017 and does not intend to proceed with another bid at this time.

Tags: offer global telecom withdraws

Heineken withdraws Heineken Light ad after Twitter storm - video

2018-03-27 13:45:00| Daily beverage news and comment - from just-drinks.com

Heineken has pulled a television advert in the US amid a social media backlash that culminated in a hip-hop artist accusing the brewer's marketing team of being deliberately racist.

Tags: video light storm twitter

Liberty Global withdraws application to acquire Multimedia Polska

2018-03-23 20:00:20| Digital TV News

UPC Polska has announced that it has withdrawn its application for regulatory clearance to acquire Multimedia Polska after failing to agree on revised commercial terms with the sellers that take into account current regulatory and market conditions.

Tags: application global multimedia polska